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Make your Free Purchase Agreement

Before you hand over your heirloom jewelry or custom mountain bike, write up a Purchase Agreement to create a record of the sale. Buyers and sellers both benefit from having the details in writing, especially if the goods involved are valuable. It's smart to create a paper trail with a Purchase Agreement. Please note that this document cannot be used to transfer real estate.

Purchase Agreement

You're selling personal property.

You're buying someone's personal property and want documentation.

You want to exchange ownership of goods.

It's easy to forgo the formalities when you are buying from an individual. But when you are dealing with expensive personal property, you'll likely want a record of the sale. A cancelled check might suffice, but it only takes a few minutes to create a Purchase Agreement with a more detailed description of the transaction. This is especially important if you're the buyer. What if you find out that the diamond solitaire you planned to propose with is actually a cubic zirconia? When you have a written description from the buyer, you'll have a better chance of getting your money back. Or maybe you're just transferring property. Do you want to make your daughter the official owner of your exceptional vinyl record collection? Get it done right. A Purchase Agreement keeps selling, buying, or transferring ownership or personal property on the up-and-up.

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Copyright 2015 Rocket Lawyer Incorporated. Rocket Lawyer provides information and software only.
Rocket Lawyer is not a "lawyer referral service" and does not provide legal advice or participate
in any legal representation. Rocket Lawyer is not a law firm or a substitute for an attorney or law
firm. Use of Rocket Lawyer is subject to our Terms of Service
and Privacy Policy.

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Copyright 2015 Rocket Lawyer Incorporated. Rocket Lawyer provides information and software only.
Rocket Lawyer is not a "lawyer referral service" and does not provide legal advice or participate
in any legal representation. Rocket Lawyer is not a law firm or a substitute for an attorney or law
firm. Use of Rocket Lawyer is subject to our Terms of Service
and Privacy Policy.